Wells Fargo: 2016 Insurance Market Outlook

Overview

Despite rate reductions and low investment returns, commercial lines insurance is on track for positive underwriting gains in 2016, according to Wells Fargo Insurance’s forecast. Favorable losses across most insurance lines and lack of multiple catastrophic property losses are driving this trend. In 2016, Wells Fargo anticipates higher revenues, payrolls, property values, investment returns along with further industry consolidation and more data analysis.

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